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It's Official: China's Digital Yuan To Target US Dollar Dominance
21.9.2020
The central People’s Bank of China (PBoC) confirmed that it is ready to take center-stage on a “new battlefield” of competition between sovereign nations based on digital fiats – and claims its own new token could help break “dollar dominance.”
The PBoC has been relatively cagey about its digital...
‘First True Litecoin Game’ Is an RPG Knights and Wizard-fest
18.9.2020
A German software firm said that it has created the first game to run on the Litecoin blockchain – claiming that “smart” gameplay on the new title will earn players litecoin (LTC) tokens.
The game is named LiteBringer, per a press release shared with Cryptonews.com by its developer CipSoft.
The...
Police Summon Bithumb Chairman for Questioning on Suspicions of Fraud
18.9.2020
Police in South Korea have brought in the chairman of the nation’s leading crypto exchange Bithumb for questioning on suspicions of fraud and embezzlement.
Per news agency Yonhap news, an intelligence unit of the Seoul Metropolitan Police Agency, has decided to question Lee Jung-hoon, 44,...
Budget Air Carrier’s Crypto-discount Tickets Drop in Time for Holiday
17.9.2020
The South Korean budget airline and Korean Air affiliate Jin Air has teamed up with blockchain-powered travel and rewards points firm Mil.k to launch a crypto-powered promotional offer for flight tickets.
Per Money Today, holders of the Mil.k Wallet platform’s Mil.k Coin will be able to buy...
Crypto.com Aims for Its First Profitable Year Despite Asian Setback
16.9.2020
Cryptoasset-power debit card and trading services firm Crypto.com said it is on track to end the year with its figures in the black for the first time in its history. But it will have to accomplish this feat without one of its key partners, after an accounting scandal involving the German card...
Monero Up On Major Compliance News, Zcash still down
16.9.2020
Exploring an issue that continues to spur controversies in the more traditional circles of global finance, a new white paper by international law firm Perkins Coie claims that regulated financial institutions can ensure compliance with anti-money laundering (AML) obligations when supporting privacy...
China’s Digital Yuan to Defend State Monopoly on Money – Central Bank
16.9.2020
Central bank digital currencies (CBDCs) like the Chinese digital yuan project may well bring centralization of money to a whole new level, an article by a top Chinese central bank official reveals.
In the article, written by People’s Bank of China (PBoC) deputy governor Fan Yifei for the bank’s...
KuCoin Has A Surprise to Thousands of Unaware Aave’s LEND Holders
15.9.2020
After first delisting DeFi platform Aave’s LEND tokens back in December 2018 due to “low liquidity,” crypto exchange KuCoin has now re-listed the asset after the price increased more than 6,000%. However, thousands of holders are not even aware that they now hold the tokens.
The news about...
Bitcoin Inches Closer To USD 11,000, Altcoins Turn Green
15.9.2020
Bitcoin price started a steady recovery above the USD 10,500 and USD 10,550 resistance levels. BTC even surpassed the USD 10,700 level, and it is currently (08:30 UTC) facing resistance near USD 10,800. The main resistance for a sustained upward move is still near USD 11,000.
Also, most major...
Will a Digital Yuan Sound the Death Knell for China’s ATMs?
15.9.2020
The rollout of China’s digital yuan could spend the end for the nation’s ATMs, per a new report – with digital finance marginalizing hole-in-the wall-based technology.
Per media outlet Huo Long Guo Cai Jing, the ATM industry was at its peak in 2015, when some 252,000 machines were installed...
Crypto Listing and Delisting Announcements: Week 37
14.9.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Investors Make ‘Dutch Auction’ Complaint against Crypto Exchange Upbit
14.9.2020
Investors have made an official complaint to a South Korean financial regulator about crypto exchange Upbit’s so-called “Dutch auction” listing strategy, claiming that recent listings amount to “back-door” initial coin offerings (ICOs).
Per media outlet Paxnet, a group of crypto investors...
Red Crypto Flags by FATF, Tether Ditches Tron For Ethereum + More News
14.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
In an attempt to help national authorities detect cryptoasset-related money laundering and terrorist financing, the Financial...
Crypto Market Sentiment Dropped, EOS Fell The Most
14.9.2020
Source: iStock/da-kuk
The aggregate moving 7-day average crypto market sentiment score for the top 10 coins by market capitalization has dropped by 7.7%, from 5.55 last week to 5.12 this Monday, according to Omenics, a crypto market sentiment analysis service.
During the past seven days, most...
Expert Warns Japan is Lagging ‘Six Years Behind China’ in CBDC Race
12.9.2020
Japan could be as much as six years behind China in digital currency progress – and may also be lagging behind its largest East Asian rival in the tech stakes when it comes to blockchain, according to a Japanese expert.
Per a column published by Japanese media outlet Record China, former...
Russian Troll Farms Start Using More Altcoins to Cover their Tracks
11.9.2020
As American intelligence and law enforcement agencies attempt to crack down on Russian so-called troll farms suspected of attempted electoral interference, farm operators are responding by moving towards the use of a broader variety of cryptoassets and “chain-hopping” techniques.
On September...
Did Kakao Token Listing Spark Rise in Coinone’s Popularity?
11.9.2020
Major South Korean crypto exchanges are experiencing a rise in user numbers and trading volumes, with some convinced that the listing of Kakao’s klay (KLAY) token has helped propel a sharp rise in traffic to the Coinone trading platform.
According to media outlet TechM, statistics released by...
Binance's New Feature Stops Users Mistakenly Sending Money to Contracts
11.9.2020
Major crypto exchange Binance has launched a new feature meant to prevent people from losing their funds by sending cryptoassets to smart contract addresses.
"The feature is basically a final check on the outgoing address for user token withdrawals. If the user has entered a supported token’s...
Crypto Exchange Coincheck Speaks About NFT Marketplace and IEO Plans
10.9.2020
Japanese crypto exchange Coincheck has reaffirmed its initial exchange offering (IEO) and non-fungible token (NFT) marketplace plans and unveiled its first commercial blockchain-powered online shareholders’ meeting offering. The firm also announced that it would start working with Singapore’s Enjin...
Justin Sun's Tron Scores New DEX Partnership + More News
10.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Binance Labs and other prominent investors-backed one-year-old DEX aggregator 1inch said it partnered with Justin Sun's Tron (TRX)...